Main strengths
- Eligible purchases earn 2% BTC with a qualifying paid Coinbase One membership.
- The card adds no foreign transaction fee; Amex conversion rates still apply.
- A stainless steel card and virtual card support Apple Pay and Google Pay.
Genesis BlockStandard card design
American Express revolving credit card
Coinbase One Card
Coinbase One Card earns 2% in BTC on eligible purchases, with rates up to 4% for larger Coinbase balances within a shared monthly spend cap. This U.S. Amex credit card requires a paid Coinbase One membership from $49.99 a year; credit approval and variable interest apply.
No FXMetal cardUS availableBTC rewardsPhysical cardApple Pay
Main trade-offs
- Basic monthly does not qualify; losing eligible membership can close the card.
- Cash advances cost the greater of $10 or 5%, plus variable interest.
- U.S. territories are excluded; BTC rewards remain in Coinbase custody.
01 · Core economics
Costs that matter
Card access requires an eligible paid Coinbase One subscription. Carried debt and cash advances have separate interest and fees.
ItemStandard tierWhat it means
Required membership$49.99/yearMinimum eligible Basic annual subscription. There is no separate card annual fee while eligible membership remains active.
Crypto repaymentVariable spreadLinked U.S. bank or accepted Coinbase wallet repayment; crypto spread varies
Provider FX markup0%Compare the FX fee with the cashback rate before using it abroad.
ATM withdrawalGreater of $10 or 5%Cash advance: greater of $10 or 5%, plus variable interest from posting and possible ATM-operator fees
Credit termsVariable APREligible membership starts at $49.99 a year. The May 11, 2026 agreements disclose 19.49%-29.49% variable purchase APR and 32.24% variable cash-advance APR; the account's current terms control. Cash advances cost the greater of $10 or 5%, plus interest from posting and possible operator fees. Late or returned payments cost up to $41; paper statements cost $5 each.
Limits and secondary feesLimits and other fees
Declined transactionNot disclosedNot disclosed
Daily card spendNot disclosedListed
Monthly card spendNot disclosedListed
ATM limitNot disclosedListed
Account depositNot disclosedListed
02 · Category rewards
Coinbase One Card BTC rewards
Eligible purchases earn 2% in BTC. Assets on Coinbase (AOC) can raise the standard rate to 2.5%, 3% or 4% on a shared $10,000 of purchases each calendar month, then 2%. Travel-portal purchases have a separate rate below.
Lowest current purchase reward rate
Conditional: not the automatic rate
Bitcoin
Highest current full-rate threshold; spend above it earns 2%
Current rate schedule
Cashback by spend category
The card's travel portal pays 5% in BTC on eligible flights, hotels and car rentals. This replaces the standard AOC-based purchase rate and does not use its shared monthly boosted-spend allowance.
CategoryRateEligible purchases and cap
Flights, hotels and car rentals through Coinbase One Card Travel5%
Book through the portal and pay with the active card. Unlimited 5% replaces standard rewards and does not consume the boosted-purchase cap.
No travel-portal reward capCashback is credited normally when the purchase posts; delays of up to 30 days or eligibility review may apply in BTC. Merchant coding, programme exclusions, reversals and clawbacks still apply.
Cashback levels
Basic annual costs $49.99. Preferred costs $29.99 monthly or $299.99 annually; Premium costs $299.99 monthly or $2,999.99 annually. Basic monthly is not card-eligible. Subscription levels do not determine card reward rates; the AOC bands below do.
1-3 / 4
03 · Everyday use
How the card fits everyday use
See the available card formats, phone wallets and account rails, plus any channels that are still being confirmed.
Card access
- American Express networkAvailable
- Virtual cardAvailable
- Physical cardAvailable
- ATM withdrawalsNot disclosed
Wallets & apps
- Apple PayAvailable
- Google PayAvailable
- iOS appAvailable
- Android appAvailable
- Web appAvailable
Account rails
- Purchase fundingFirst Electronic Bank USD credit line; crypto wallet balances can repay debt
- Credit repaymentLinked U.S. bank or accepted Coinbase wallet repayment; crypto spread varies
04 · Money in and out
Credit repayment and collateral
Purchases draw a USD credit line. A verified linked U.S. bank account, Coinbase USD Wallet or accepted crypto wallet balance can repay it. Crypto repayment includes a variable spread. These repayments are not card top-ups or exchange deposit rails.
Purchase fundingUSD credit line
Purchases use a First Electronic Bank USD credit line. Coinbase holds BTC rewards and optional USDC collateral separately from purchase funding.
Optional secured offer
No separate card-balance payout or exchange transfer rail is established. The optional secured offer locks $200-$5,000 in USDC. On closure, collateral may be sold to settle debt; surplus release has separate bank and Coinbase processing phases.
05 · Credit & yield
Collateral assets earn yield and back spending
Some yield positions can also be part of card credit or borrow-against-collateral mechanics. Treat this differently from a simple spendable balance.
Collateral credit
USDC Rewards on secured collateral
Up to 3.5% APY
- Yield source
- Coinbase-funded loyalty rewards
- Strategy manager
- Coinbase
- Redemption
- Closure and full settlement are required. The bank generally releases its security interest in excess USDC within 10 days; Coinbase usually releases it within two business days after instruction. Either phase may take longer.
- Asset
- USDC
- Card relationship
- Yield position can support collateral-backed card credit
- Separate Earn deposit
- No
- Deposit insurance
- No
Risk noteCoinbase funds USDC rewards as a loyalty programme. The U.S. table showed 3.5% APY on September 5, 2026; the account rate can change. USDC has peg and custody risk and no FDIC or SIPC protection. Locked collateral can be sold to settle debt, including on voluntary closure; the borrower remains liable for a shortfall.
06 · Trust and eligibility
Where Coinbase is available and who supports the card
See current signup reach, identity checks and the organisations behind the card.
Identity & KYC
Identity verification is required to access card services.
Availability
Residence in one of the listed countries is required but does not guarantee card access; identity and account checks still apply.
- Residence perimeter
- 1 countriesPublished regional guidance; final access remains account- and KYC-dependent.
- Final access check
- Confirm during signupCountry guidance does not guarantee access; programme assignment and KYC still apply.
Residence eligibility perimeter1 countries · access still account-gated
United States
Who handles what
The named organisations and their current roles are listed below.
RoleHandled byResponsibility and scope
Card productCoinbase
Provides the product and account experience. Named legal operators appear separately.
Custody controlCoinbase + programme partners
Controls settlement until payment.
Custodial accountCard issuerFirst Electronic Bank
Issues the card and credit account
Custody / key managementCoinbase, Inc.
Administers BTC rewards and holds the Digital Asset Wallet
07 · Methodology
Why the score is 56
The score combines practical costs, rewards, daily usability, funding and transfers, eligibility, custody, and the provider stack.
Missing or undisclosed fields receive no positive credit.
56/100
MixedHigher is better
Key score driversLargest effects after applying the Overall category weights
Strongest lift83
Everyday usability
American Express spending includes virtual card, physical card, Apple Pay and Google Pay.
Additional support73
Company & infrastructure
Named programme infrastructure includes First Electronic Bank (issuer) and American Express (network).
Main constraint31
Rewards value
2% base cashback and up to 4%; higher rates depend on complex conditions, paid in BTC.
08 · Evidence
Sources
23 sources23 officialChecked Sep 5, 2026
We check every published fact and value against official product, fee, membership and legal information covering costs, eligibility, rewards and custody.
Primary sourcesOfficial product, fee, membership and legal pages
Coinbase One Card application and U.S. eligibilityOfficial source ↗Coinbase One Card • CoinbaseOfficial source ↗Coinbase One Card - Overview | Coinbase HelpOfficial source ↗Coinbase One Card fees | Coinbase HelpOfficial source ↗Coinbase One Card Cardholder AgreementOfficial source ↗Coinbase One Card Rewards Program Terms & ConditionsOfficial source ↗
Help keep this page accurate
Found outdated or incorrect information?
Tell us what changed and, if possible, include an official source. We review corrections before updating public card facts.